U.S. tax code changes | 15 9月 2021

15 9月 2021, USD/JPY

U.S. tax code changes

USDJPY trading plan:

U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed. The joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years. The plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million. This is a bad signal for the stock market and USDJPY, which has a correlation with the shares.

Investment idea: sell 109.90 and take profit 109.41.

New — already ninth — portfolio includes the best trading ideas for currency pairs, cryptocurrencies, stock indices and commodities. Selected instruments are able to show the highest profitability in September.

The advantages of portfolio trading can be listed endlessly, and the results of our traders speak for themselves: in 2021, FreshForex clients used 8 investment portfolios, with a total annual income of 104.8%!

Grab the new invest-portfolio and confidently raise your profit:

1. Make a deposit of $90 or more until September 30. These funds remain on your account and are completely at your disposal for trading.

2. Send a number of your funded trading account at [email protected].

3. Done! You receive the portfolio as a PDF file by email right after your request is processed.

David Johnson
Analyst of «FreshForex» company
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